despite all those investments, the price is still tanking, manipulation is really strong in bitcoin market, no wonder those crazy rise in money injection can't do shit
I don't even care about the price at this point. Once you grasp the power behind OP_DUP OP_HASH160 pubKeyHash OP_EQUALVERIFY OP_CHECKSIG - the $price becomes a meaningless detail. the price is still very important, if bitcoin was still at 1200, the adoption would be greater now, because the faith(in bitcoin) would be more established among many Keep this up for another year or two and we are well on our way.
but what do you mean well on our way? I think that without acceptance by normal people, bitcoin is not in a good path,although big enterprises appear if it is not used,which it is its purposes,it is a bad way big merchant/company will help bitcoin acceptance, there is no doubt about that, average people will feel more safe if they know that big company are starting accepting bitcoin it's a psychology thing |
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I am still waiting for them to catch the bitcoin trader bastards. They dealt in fiat as well so it should not be that difficult to find them. Scammers and theives are the biggest threat to bitcoin by a wide margin.
i want to add that it's more of a incompetence of the average user, that don't know how to protct their wallet, many don't even run antivirus, or they download too many shit on their machine thieves would have an harder time if people knew how to use their pc better |
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Must be faster confirmation time. Current BTC has average 10 minutes block time design, it is obvious that Satoshi underestimated the btc's future. If it is reduced to 60 s like dogecoin, BTC will be more widely used. More public companies would hug BTC.  No, no, no. You're still not understanding it. Bitcoin confirmations take ~10 minutes, yes, but for most transactions, merchants can (and do nowadays) accept unconfirmed transactions just fine. yeah ok, but it's not the safest thing to do, unconfrimed transaction are pretty risky, especially if they are big value transaction they are subject to finney attack |
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Buy one and be one a slave for twenty years. If you survive, you can then regret not buying more and retiring earlier.
How many would you say you say it's require to retire in 20 years then?
I also like the idea of having 21 Bitcoin, since only max 1 million people will have 21 Bitcoins, but given BTCs arent distributed evenly it will be even harder to be part of the almighty 21 Group. the usual target is 100 with a price target of 10k, 100 bitcoin are not that hard to acquire, 10k value instead look almost impossible right now, but the future may hold a good surprise 1M should be enough for many, to retire Lol 100 BTC are pretty hard to adquire... how are you going to adquire 100 BTC before price goes 10K or anything near it? because the higher the price goes, the harder it will become. It's a ticking clock. you should have started before, or you can just buy them now(not all together, maybe 2-3 every month, 3 years = 100 btc), or another solution was, to join cointellect and scam their ponzi, with many account, adds to this signature and instamine(aurora coin, blackcoin, darkcoin) and 100 btc are easy to achieve 2-3 every month is a lot of money for most folk, let alone for 3 years. As the poster said, the price will keep going up. So in 3 years, the price should be way higher than what it is now. Let's say the price is back to 1200 per coin in 3 years. Who in hell is going to be able to buy 2-3 coins per month anymore? buying coins is for semi rich guys, if you are poor then you should find another way to earn those bitcoin, as i said, instamine was viable until late 2014, and you could earn a decent amount in a few day, add to that a signature campaign and yo are not too far away from 100 |
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those 3 months period between the dumping is intentional or it really happened? because i don't remember it at all
and also don't forget that the more down it goes the more difficult to dump
and you should do the same table, when the price rised too, people seems to forget fast about the pumping, but they always remember well the dumping
No, some flash huge dumps will take place lead us to $0 very fast when sub $150 be broken, the mining network will be shut down no transaction will get confirmed at all don't make such trollish comment plz, there isn't any 0, zero is not possible, not now at least, because there is no competition with bitcoin(any altcoin is trash compard to btc), and miners won't dump until zero, they aren't that stupid, the same for many early adopters, who bought at $1+ |
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Can not understand what the problem is , it Aluminium what do ? I very expensive should pay that send back and after my in country should pay Transportation much money.
One please tell me what the problem is it aluminium that cut ? and else one left from side shaken only one.
before sending it back, you can try if it work, if it work you don't need to send back you can keep it |
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it should not cause any major issue, as long as the heatsink is still there, but i would return it anyway, because something like this could happen only if the package ghas been damaged in the shipping, probably the miner will not work as intended... |
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they seems all unknown too me, better to use known exchange like bitstamp, bitfinex, btc-e, kraken
or other alternative are circle, coinimal and localbitcoin
Which of these offer instant purchases? I know of circle and coinbase. i know that they usually process sepa in 1 day, kraken can go as low as 8 hours(tried it personally many times), circle is faster yes, around two hours although none of them is instantaneous |
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if your are mining in a pool the client isn't needed
to see if you are hashing, look at your shares in your dashboard, also see if you have at least one working running in the "workers" field
if nothing is shown, then it's probably because your version of bfgminer is too recent, and they did drop the support for GPU
I'm still not sure where does he see the 350MH/s hashrate .. in BFGminer ? bfgminer it's like cgminer in the end, it should display the hash in the cmd window, in the center, pretty easy to spot Just wondering .. if the GPU support is dropped in his version, how does he see the 350MH/s ? maybe it still display the hash but it doesn't work? ok nevermind, found this "OpenCL GPUs, such as AMD Radeons (disabled by default, see README.GPU)" https://bitcointalk.org/?topic=877081you need to activate it to be able to mine, maybe is this the problem |
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those 3 months period between the dumping is intentional or it really happened? because i don't remember it at all
and also don't forget that the more down it goes the more difficult to dump
and you should do the same table, when the price rised too, people seems to forget fast about the pumping, but they always remember well the dumping
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Buy one and be one a slave for twenty years. If you survive, you can then regret not buying more and retiring earlier.
How many would you say you say it's require to retire in 20 years then?
I also like the idea of having 21 Bitcoin, since only max 1 million people will have 21 Bitcoins, but given BTCs arent distributed evenly it will be even harder to be part of the almighty 21 Group. the usual target is 100 with a price target of 10k, 100 bitcoin are not that hard to acquire, 10k value instead look almost impossible right now, but the future may hold a good surprise 1M should be enough for many, to retire Lol 100 BTC are pretty hard to adquire... how are you going to adquire 100 BTC before price goes 10K or anything near it? because the higher the price goes, the harder it will become. It's a ticking clock. you should have started before, or you can just buy them now(not all together, maybe 2-3 every month, 3 years = 100 btc), or another solution was, to join cointellect and scam their ponzi, with many account, adds to this signature and instamine(aurora coin, blackcoin, darkcoin) and 100 btc are easy to achieve |
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That looks decent; cleaner and better than what I found. Not sure by looking at it though if it'll log the actual amount of shares submitted per worker. I see hashrate but not shares submitted. the java one should tells you "yeah" for every share it submit, and this for every worker, if you can't see this, then it isn't working too bad i'm not using it anymore i or i could post some screen |
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i would buy the biggest and badasses farm that could ever exist, and take the control of at least 33% of the network, to this i might add more miners to take the control of 33% of every other algo, then i would donate 10% of my btc to poor or people with economic problem
I said realistic what if scenarios. Were you really able to buy that kind of farm in 2009? Did you funding for that at that point in time? well yes, if i had started early, i would have acquired at least 100k bitcoin(maybe even more), even if we consider your amount only(7M) you can already build a very big farm Would you tell anyone about it? Would you try to convince your friends and family to step in? i would convince my family/parents to work with me on it, in this way i can save money on staffing, the problem would be about the cost of electricity, i will need to move to another place, where electricity is cheap enough |
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The current bitcoin prices fell and
the cost of electricity more
expensive, is still profitable?
not more bitcoin miners the less its
results?
it was not profitable even before, and even if you take in cosideration free power it's still not profitable, but if your miner reached roi than it's another story Get the "new r-box" from rockminer.
Mine has been hasing with no issues for months.. The U3 seems like a good idea alas is sounds like it zombies a lot :S.
I have S3's and a r-box both are awesome. The R-box is cheap and only uses 100w which is nice.
r-box consume 50 watt only at 35 giga/hash, yeah it consumes a low amount, but so its hashrate, pretty useless good only for experimenting, if you never mined anything The new R-box is 110 Ghash at 110-120 watts. http://shop.rockminer.com/goods.php?id=44Priced very well. I didn't even need a powersupply as my computer powersupply is solid so I juse used a spare PCI-E plug and run it from my comp powersupply using my comp as the controller. .25 BTC for the miner plus shipping is a solid deal. I am tempted to get another one for fun. i must have missed it, thank you for pointing me this, it seems also more efficient, 33% better than the old one |
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i would buy the biggest and badasses farm that could ever exist, and take the control of at least 33% of the network, to this i might add more miners to take the control of 33% of every other algo, then i would donate 10% of my btc to poor or people with economic problem
I said realistic what if scenarios. Were you really able to buy that kind of farm in 2009? Did you funding for that at that point in time? well yes, if i had started early, i would have acquired at least 100k bitcoin(maybe even more), even if we consider your amount only(7M) you can already build a very big farm |
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i would buy the biggest and badasses farm that could ever exist, and take the control of at least 33% of the network, to this i might add more miners to take the control of 33% of every other algo, then i would donate 10% of my btc to poor or people with economic problem
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i like the first one, it remind me of qt-core which i love to death, i'm not suprised that it is in the first spot(they start from 1 to 5 not 5 to 1 right? i mean that list is putting blockchain at the end), also the no registration thing is a nice addition
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i remember a guy(who created a thread about those miners) said a couple of months, two weeks ago... but don't be too in a hurry for them, they are just about 1.5 time(1.45 precisely) more efficient than a s5 antminer, nothing so special, they won't change the current mining situation for sure
this is the entire key to mining. Hash power per watt improvements are not that big anymore. 350 watts to 1gh = gpu 10 watts to 1 gh = early asics 7 watts to 1gh 2 watts to 1 gh = s-1 .8 watts to 1 gh = s-3 .5 watts to 1gh = s-5 the s-4+ and or s-6 will be .35 or maybe .4 watts per gh if they continue to use the same productive process(28nm), they will not go too far, next asic will have a pointless efficiency, they should already come up with 22nm or even better(16), otherwise the miners industry will stuck at current efficiency ratio(maybe a good thing for casual miner) |
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aren't tools for disabling other users avatar and sig coming? they should help against those type of things, there is no need to not allow them completely
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they seems all unknown too me, better to use known exchange like bitstamp, bitfinex, btc-e, kraken
or other alternative are circle, coinimal and localbitcoin
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